Climate grant illustrates growth in philanthropy-funded news

Climate grant illustrates growth in philanthropy-funded news

NEW YORK (AP) — The Associated Press said Tuesday that it is assigning more than two dozen journalists across the world to cover climate issuesin the news organization’s largest single expansion paid for through philanthropic grants. The announcement illustrates how philanthropy has swiftly become an important new funding source for journalism — at the AP … Read more

Ahead of Xilinx Deal’s Close, the Outsized Growth Comes at a Price

Ahead of Xilinx Deal’s Close, the Outsized Growth Comes at a Price

With the necessary approvals now in place, the Advanced Micro Devices (AMD†/Xilinx deal will most likely close this week. However, Raymond James’ Chris Caso notes that due to AMD’s continued success since the deal’s announcement, its consumption comes with a price. “At the time the deal was announced in October 2020, AMD expected the transaction … Read more

Twilio’s Profit Outlook Removes Key Question Over Future Growth

Twilio’s Profit Outlook Removes Key Question Over Future Growth

(Bloomberg) — Twilio Inc. addressed Wall Street’s concerns about its lack of profitability, removing a key shadow hanging over the software company as it ramps up competition with Salesforce.com Inc. and Adobe Inc. Most Read from Bloomberg The announcement that it would make money on an operating basis beginning next year, combined with a bullish … Read more

Spotify expects growth to slow as Joe Rogan row continues

Spotify expects growth to slow as Joe Rogan row continues

Spotify has said it expects slower growth to start off 2022 – but that it believes it will still welcome three million new premium subscribers in the first financial quarter. It comes amid ongoing controversy over coronavirus misinformation on the platform, with a number of performers pulling their content as a backlash over shows by … Read more